Arrest just 24 hours before founder of cryptocurrency exchange was to testify before US Congress
The Bahamas police have arrested former FTX CEO Sam Bankman-Fried, the country’s attorney general said in a statement on Monday, adding that the Bahamas has received formal notification from the US of criminal charges against him.
Bankman-Fried is expected to be extradited to the US, the attorney general’s office for the Bahamas told Reuters, but declined to comment on what the charges were.
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Originally posted in the guardian.